Zagg (ZAGG) Days Payable : 62.25 (As of Sep. 2020)

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What is Zagg Days Payable?

Zagg's average Accounts Payable for the three months ended in Sep. 2020 was $52.5 Mil. Zagg's Cost of Goods Sold for the three months ended in Sep. 2020 was $77.0 Mil. Hence, Zagg's Days Payable for the three months ended in Sep. 2020 was 62.25.

The historical rank and industry rank for Zagg's Days Payable or its related term are showing as below:

ZAGG' s Days Payable Range Over the Past 10 Years
Min: 44.39 Med: 73.7 Max: 99.9
Current: 68.86

During the past 13 years, Zagg's highest Days Payable was 99.90. The lowest was 44.39. And the median was 73.70.

ZAGG's Days Payable is not ranked
in the Retail - Cyclical industry.
Industry Median: 56.77 vs ZAGG: 68.86

Zagg's Days Payable declined from Sep. 2019 (83.66) to Sep. 2020 (62.25). It may suggest that Zagg accelerated paying its suppliers.

Zagg Days Payable Historical Data

The historical data trend for Zagg's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Zagg Days Payable Chart

Zagg Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Payable

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90.61

79.10

94.50

91.87

90.68

Zagg Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Days Payable	Get a 7-Day Free Trial															83.66	69.04	57.34	81.23	62.25

Competitive Comparison of Zagg's Days Payable

For the Specialty Retail subindustry, Zagg's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Zagg's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zagg's Days Payable distribution charts can be found below:

* The bar in red indicates where Zagg's Days Payable falls into.

Zagg Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Zagg's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

	Days Payable (A: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2018 )	+	Accounts Payable (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (80.908	+	87.303)	/	2 )	/	338.553	*	365
=	84.1055					/	338.553	*	365
=	90.68

Zagg's Days Payable for the quarter that ended in Sep. 2020 is calculated as:

	Days Payable (Q: Sep. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2020 )	+	Accounts Payable (Q: Sep. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	Days in Period
=	( (44.945	+	60.142)	/	2 )	/	77.023	*	365 / 4
=	52.5435					/	77.023	*	365 / 4
=	62.25

Zagg Days Payable Related Terms

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Zagg (ZAGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zagg Inc (NAS:ZAGG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

910 West Legacy Center Drive, Suite 500, Midvale, UT, USA, 84047

Website

http://www.zagg.com

Zagg Inc is a manufacturer of smartphone and other mobile accessories. The company's product portfolio includes screen protection, power management solutions, mobile keyboards, personal audio, and cell phone cases sold under the InvisibleShield, mophie, ZAGG, IFROGZ, Gear4, and HALO brands. The largest product by revenue is its screen protectors followed by power management to make the vast majority of revenue. ZAGG Brands has operations in the United States, Ireland, the U.K., and China.

Executives

Chris Ahern	director, officer: Chief Executive Officer	910 W. LEGACY CENTER WAY, SUITE 500 MIDVALE UT 84047
Michael Thomas Birch	director	910 WEST LEGACY CENTER WAY SUITE 500 MIDVALE UT 84047
Edward Terino	director	17 CANTERBURY ROAD, WINDHAM NH 03087
P Scott Stubbs	director	2795 EAST COTTONWOOD PARKWAY, SALT LAKE CITY UT 84121
Ronald Garriques	director	ONE DELL WAY, ROUND ROCK TX 78682
Cheryl A Larabee	director	2515 PARKSIDE DRIVE BOISE ID 83712
Dan Maurer	director	C/O ZAGG INC., 3855 SOUTH 500 WEST, SUITE N, SALT LAKE CITY UT 84115
James Kearns	officer: Chief Operating Officer	910 WEST LEGACY CENTER WAY, STE. 500 MIDVALE UT 84047
Taylor D Smith	officer: Chief Financial Officer	910 WEST LEGACY CENTER WAY, STE. 500 MIDVALE UT 84047
Bradley J Holiday	officer: Chief Financial Officer	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Brian Stech	officer: President	910 W. LEGACY CENTER WAY, SUITE 500, MIDVALE UT 84047
E Todd Heiner	director	238 E RICKS CREEK CIRCLE CENTERVILLE UT 84014
Randall L Hales	director, officer: President and CEO	1823 STANDING OAK DRIVE DRAPER UT 84020
Christopher Michael Paterson	officer: EVP - Product Man. & Dev.	910 W. LEGACY CENTER WAY, SUITE 500 MIDVALE UT 84047
Steve Tarr	officer: COO	3855 S. 500 W. SUITE J SALT LAKE CITY UT 84115